#TradingPairs101

Crypto trading pairs are fundamental, representing two different cryptocurrencies that can be exchanged for one another on an exchange. The first currency in the pair is the base currency, and the second is the quote currency. For example, in BTC/USDT, Bitcoin (BTC) is bought or sold using Tether (USDT). Common pairs include crypto-to-crypto (e.g., ETH/BTC) and crypto-to-fiat stablecoin (e.g., SOL/USDC). Understanding trading pairs is vital as they dictate the direct exchange relationship and liquidity, influencing your trading strategy and profit calculations within the dynamic crypto market.